Audiovox renamed as Voxx International

The automotive and consumer electronics maker Audiovox Corp., based in Hauppauge, has a new name: Voxx International Corp.

VOXX has long been the company's trading symbol on the Nasdaq stock exchange, and will remain so.

"Voxx International is a name that better represents the widely diversified interests of the company and the more than 30 global brands it has acquired and grown throughout the years," the company said Monday in a news release.

"This change will create a corporate umbrella for our various subsidiaries and brands and achieves a powerful international corporate image, creating a vehicle for each respective brand to emerge with its own identity," the release said.

The company's shares closed Monday at $7.23, up a penny. With about 1,000 employees, Voxx has a market capitalization of roughly $150 million and had income of $27.19 million on revenue of $625.72 million in the past four quarters.

After buying 10 smaller companies in the past decade and incorporating a wide range of new products -- including high-end audio products from Klipsch and other brands -- Voxx has "the strongest brands in our company's history; brands we believe will enable us to expand into related markets," said chief executive Patrick Lavelle.

The company is a top premium loudspeaker company worldwide and has the top market positions "in automotive video entertainment and remote starts and TV remote controls and reception products," Voxx said in the news release. "The company's brands also hold leading market positions across a wide spectrum of consumer and automotive segments."

In addition to Klipsch, some of its top brands are RCA, Invision, Jensen, Audiovox, Terk, Acoustic Research and Advent.